OFF MARKET

Off market may 2021 for $2.6M

$2,966,240

Est. refi paymentEst. refi $14,248/mo

•

4 ba

•

5,789

sq ft

256 S Reeves Dr, Beverly Hills, CA 90212

About this home

4 units in Prime Beverly Hills location, located 1 block east of Beverly Drive and 1 1/2 blocks south of Wilshire Blvd. Close to the Beverly Hills Golden Triangle, Rodeo Drive, Wilshire/Rodeo subway station, Beverly Vista Middle School, shops and restaurants. There are 2 - 1 bed+1 bath & 2 + 2bed+1 bath units. The 2 bedroom units have laundry hook ups. The building is 4,456 square feet and it sits on a 6,070 square foot lot. The units are large and there is upside in the rents. The building is individually metered for gas and electricity. The units have separate dining rooms and breakfast nooks. First time on the market in more than 20 years. The property requires soft story retrofit work to be completed. The owner is also selling the 6 units located 228 S. Reeves Drive. The properties can be purchased separately or together. Please Do Not Disturb the Tenants. Inspection with Accepted Offer.

Multi-familyProperty Type

1926Year Built

6,070 sq ftLot Size

$512Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Michael A Salerno •DRE #01212427 • Miller & Desatnik Realty Co.

•310-200-1309 (agent)

•mike.salerno@lee-associates.com (agent)

Bought with Michael A Salerno •DRE #01212427 • Miller & Desatnik Realty Co.

Redfin checked: 2 minutes ago

•Source:TheMLS #21-710838

Redfin Estimate

$2,966,240

$291K since sold in May 2021$209K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.3% lower than the average sale price ($3.27M) of 5 comparable homes.

SOLD SEP 25, 2026
$2,277,500
A
6 beds4 baths4,476 sq ft
228 S Spalding Dr, Beverly Hills, CA 90212
SOLD AUG 19, 2026
$5,800,000
B
5 beds4 baths3,472 sq ft
215 S Mccarty Dr, Beverly Hills, CA 90212
SOLD JUN 8, 2026
$3,450,000
C
4 beds4 baths2,773 sq ft
317 S Swall Dr, Beverly Hills, CA 90211
SOLD APR 27, 2026
$2,226,000
D
6 beds3.5 baths4,470 sq ft
1225 Smithwood Dr, Los Angeles, CA 90035
Seven Gables Real Estate
SOLD AUG 14, 2026
$2,594,000
E
5 beds4 baths2,534 sq ft
1145 S Crest Dr, Los Angeles, CA 90035

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Earn from this home

Sell

$892,507

Est. take-home

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Refinance

Est. cash available

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Market trends in 90212, CA

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

96.1%

2.0% MoM

Median sale price

$3.2M

$449K MoM

Avg. days on market

74d

20 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SUN, 1PM TO 3PM
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NEW 16 HRS AGO
$2,880,000
3 beds4 baths3,230 sq ft
558 Hillgreen, Beverly Hills, CA 90212
$790,000
2 beds2 baths1,108 sq ft
423 S Rexford Dr #305, Beverly Hills, CA 90212
$765,000
Studio1 bath550 sq ft
9601 Charleville Blvd #5, Beverly Hills, CA 90212
$6,495,000
4 beds5 baths3,390 sq ft
258 S Mccarty Dr, Beverly Hills, CA 90212
$27,500,000
3 beds5 baths4,699 sq ft
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$5,250,000
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6 beds6 baths5,678 sq ft
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See all

Provided by Redfin

Sale history for 256 S Reeves Dr

Year

Property tax

Land + Additions

Assessment*

2025

$35,280 (+2.3%)

$1,849,334 + $1,104,080

$2,953,414

2024

$34,489 (+1.8%)

$1,813,073 + $1,082,432

$2,895,505

2023

$33,871 (+2.9%)

$1,777,523 + $1,061,208

$2,838,731

2022

$32,904 (+922.1%)

$1,742,670 + $1,040,400

$2,783,070

2021

$3,219 (+0.5%)

$1,708,500 + $1,020,000

$2,728,500

2020

$3,205 (+2.3%)

$162,153 + $76,080

$238,233

2019

$3,133 (+5.8%)

$160,491 + $75,300

$235,791

2018

$2,960 (+2.1%)

$157,345 + $73,824

$231,169

2017

$2,898 (+3.8%)

$151,236 + $70,958

$222,194

2016

$2,791 (+4.1%)

$151,236 + $70,958

$222,194

2015

$2,682 (+1.9%)

$148,271 + $69,567

$217,838

2014

$2,632 (+1.3%)

$143,184 + $67,181

$210,365

2012

$2,597 (+3.2%)

$142,537 + $66,878

$209,415

2011

$2,516 (+0.4%)

$139,743 + $65,567

$205,310

2010

$2,506 (+2.3%)

$137,003 + $64,282

$201,285

2009

$2,449 (+5.0%)

$135,980 + $63,802

$199,782

2008

$2,333

$136,304 + $63,954

$200,258

Tax history for 256 S Reeves Dr

Year

Property tax

Land + Additions

Assessment*

2025

$35,280 (+2.3%)

$1,849,334 + $1,104,080

$2,953,414

2024

$34,489 (+1.8%)

$1,813,073 + $1,082,432

$2,895,505

2023

$33,871 (+2.9%)

$1,777,523 + $1,061,208

$2,838,731

2022

$32,904 (+922.1%)

$1,742,670 + $1,040,400

$2,783,070

2021

$3,219 (+0.5%)

$1,708,500 + $1,020,000

$2,728,500

2020

$3,205 (+2.3%)

$162,153 + $76,080

$238,233

2019

$3,133 (+5.8%)

$160,491 + $75,300

$235,791

2018

$2,960 (+2.1%)

$157,345 + $73,824

$231,169

2017

$2,898 (+3.8%)

$151,236 + $70,958

$222,194

2016

$2,791 (+4.1%)

$151,236 + $70,958

$222,194

2015

$2,682 (+1.9%)

$148,271 + $69,567

$217,838

2014

$2,632 (+1.3%)

$143,184 + $67,181

$210,365

2012

$2,597 (+3.2%)

$142,537 + $66,878

$209,415

2011

$2,516 (+0.4%)

$139,743 + $65,567

$205,310

2010

$2,506 (+2.3%)

$137,003 + $64,282

$201,285

2009

$2,449 (+5.0%)

$135,980 + $63,802

$199,782

2008

$2,333

$136,304 + $63,954

$200,258

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

6,072 Sq. Ft.

Year renovated

—

Sq. Ft.

3,182

Year built

1926

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

4331002023

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 8, 2026.

Property details

Parking

Garage
Garage Is Detached, Uncovered

Parking
# of Parking Spaces (Total): 6
# of Open Other Spaces: 5

Interior

Equipment
Other

Heating & Cooling
Other Cooling
Other Heat

Multi-Unit Income
Gross Income: 130869
Gross Operating Income: $126,979
Net Operating Income: $67,682

Multi-Unit Expenses
Total Annual Expense: $59,297

Multi-Unit Other Financial Information
Gross Rent Multiplier: 21.01
Vacancy Rate: 3,890
Scheduled Actual: Actual

Multi-Unit Information
Unit Type Type: 1, 2, 3, 4
Type Of Units: Apartments
# of Buildings: 2

Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $3,395
Projected Rent: $3,500
Actual Rent: $3,395
# of Units: 1

Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $3,195
Projected Rent: $3,500
Actual Rent: $3,195
# of Units: 1

Unit 3 Information
# of Beds: 1
# of Baths: 1.00
Rent: $2,240.70
Projected Rent: $2,400
Actual Rent: $2,240.70
# of Units: 1

Unit 4 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,975
Projected Rent: $2,400
Actual Rent: $1,975
# of Units: 1

Exterior

Building Information
Total Floors: 2

Property Information
Property Type: Residential Income

Land Information
Other Structures: None

Lot Information
Lot Size (Sq. Ft.): 6,070
Lot Size (Acres): 0.1394
Zoning: BHR4YY

Financial

Assessment Information
Assessed Total Value: $235,791
Assessed Land Value: $160,491
Assessed Land %: 68.06
Assessed Improvement Value: $75,300
Assessed Improvement %: 31.94
Assessor Parcel Number: 4331-002-023

Location

Community Information
# of Units in Complex (Total): 4

Location Information
Directions: 1 block East of Beverly Drive, 1 1/2 blocks South of Wilshire

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 3,182
Stories: —
Lot Size: 6,072 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1926
Year Renovated: —
County: Los Angeles County
APN: 4331002023

Home facts updated by county records on Oct 8, 2026

Other

Documents & Disclosures
Disclosures: As Is, Rent Control

Around this home

Schools

Beverly Vista Elementary School

Public 6-8 • Assigned • 0.2mi

9/10

Beverly Hills High School

Public 9-12 • Assigned • 0.8mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...
15 hours ago • Los Angeles County
Sang Ur
Redfin Premier agent
123 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 86° expected this year, 21 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

7 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Beverly Hills, CA • 90212

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 6.6 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

6.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.82M – $3.41M

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Home values near 256 S Reeves Dr

Data from public records.

Address	Redfin Estimate
264 South Reeves Dr, Beverly Hills, CA 8 Beds \| 8 Baths \| 6080 Sq. Ft.	—
246 South Reeves Dr, Beverly Hills, CA 6 Beds \| 4 Baths \| 3666 Sq. Ft.	$2,121,873

Address	Redfin Estimate
260 South Reeves Dr, Beverly Hills, CA - Beds \| - Baths \| 8268 Sq. Ft.	—
252 South Reeves Dr, Beverly Hills, CA 14 Beds \| 14 Baths \| 11240 Sq. Ft.	—

Address	Redfin Estimate
248 South Reeves Dr, Beverly Hills, CA 8 Beds \| 8 Baths \| 7812 Sq. Ft.	—
255 South Reeves Dr, Beverly Hills, CA 29 Beds \| 44 Baths \| 29717 Sq. Ft.	—

Property information provided by TheMLS when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 90212, CA

Sale history for 256 S Reeves Dr

Tax history for 256 S Reeves Dr

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 90212

Home values near 256 S Reeves Dr

More real estate resources